1) Identify budgeted unit cost and unit price information and compare with actual results (i.e., budgeted unit cost, budgeted unit price, actual unit cost, actual unit price). Please interpret your findings.

Exhibit 2 French Region, 2009 Results Profit Plan Actual Variance Volume Euros Euros ('000) Volume ('000) ('000) ('000) 4,010 17,879 3,661 4,618 405 20,005 3,377 445 2, 126 (284) 79 1,921 c U 79 4,455 21,540 5,023 23,461 F U 2,887 1,844 38.29 7,893 2,841 371 3,317 2,047 43.56 9,142 3,186 438 (1,249) (345) (67) F 410 316 40.03 368 298 36.02 106 38 1,121 693 388 8,233 F 1,015 655 362 8,663 26 F 430 F (118) U Sales Data Sales ice-cream (volume in litres) Sales specialties (litres) Revenue from distribution Total Sales Cost of Goods Sold Cost ice-cream Dairy ingredients (litres) Other ingredients (100 gr.) Labor (hours) Cost specialties Dairy ingredients (litres) Other ingredients (100 gr.) Labor (hours) Contribution margin Other Costs Supervision, energy, maintenance, ... Depreciation Operating margin Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Allocated central office expenses Profits before Interest and Taxes Identifiable Assets Cash (average) Accounts Receivable (average) Plant and equipment (net of depreciation 2,322) Total identifiable assets Conditions for tourism Average summer temperature 2,206 467 5,560 2,324 467 5,872 312 F U 861 507 1,078 1,141 788 158 1,027 908 510 1,139 1,070 810 193 (47) (3) (61) 71 (22) (35) 215 1,242 94 141 (47) (54) 580 4,713 5,387 634 4,726 5,501 (13) (141) 29.8 C 29.2C Exhibit 2 French Region, 2009 Results Profit Plan Actual Variance Volume Euros Euros ('000) Volume ('000) ('000) ('000) 4,010 17,879 3,661 4,618 405 20,005 3,377 445 2, 126 (284) 79 1,921 c U 79 4,455 21,540 5,023 23,461 F U 2,887 1,844 38.29 7,893 2,841 371 3,317 2,047 43.56 9,142 3,186 438 (1,249) (345) (67) F 410 316 40.03 368 298 36.02 106 38 1,121 693 388 8,233 F 1,015 655 362 8,663 26 F 430 F (118) U Sales Data Sales ice-cream (volume in litres) Sales specialties (litres) Revenue from distribution Total Sales Cost of Goods Sold Cost ice-cream Dairy ingredients (litres) Other ingredients (100 gr.) Labor (hours) Cost specialties Dairy ingredients (litres) Other ingredients (100 gr.) Labor (hours) Contribution margin Other Costs Supervision, energy, maintenance, ... Depreciation Operating margin Selling and Administrative Expenses Delivery expenses Depreciation of trucks Selling expenses Advertising Administrative salaries and expenses Allocated central office expenses Profits before Interest and Taxes Identifiable Assets Cash (average) Accounts Receivable (average) Plant and equipment (net of depreciation 2,322) Total identifiable assets Conditions for tourism Average summer temperature 2,206 467 5,560 2,324 467 5,872 312 F U 861 507 1,078 1,141 788 158 1,027 908 510 1,139 1,070 810 193 (47) (3) (61) 71 (22) (35) 215 1,242 94 141 (47) (54) 580 4,713 5,387 634 4,726 5,501 (13) (141) 29.8 C 29.2C